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Swedish Match
SWMA May 23, 2022
1:53 PM CET
+ 0.0 % 101.50 SEK
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Sensitivity analysis

Based on the financial risks the following sensitivities has been identified.

Transaction exposure

Sensitivity analysis, effect on earnings when sales revenues and production costs are denominated in different currencies.

A general rise of 10 percent in the value of the SEK against all of the Group’s transaction currencies is estimated to affect consolidated earnings before tax by the following in MSEK, based on the fiscal year 2020:

SEKNOKUSDEUROtherTotal
Change +10%10632–19–8111

 

Interest-rate

Sensitivity analysis, effect on consolidated earnings before tax and equity.

SEKConsolidated earnings before taxEquity
Change +1%182

 

At December 31, 2020, a general rise of 1 percent (100bp) in short term interest rates of debt with variable interest rates and cash surplus was estimated to increase consolidated earnings before tax by approximately 18 MSEK on an annual basis.

If interest rates were to rise with 1 percent (100bp) the total effect on equity due to cash flow hedges would have a positive impact on the amount by 4 MSEK.

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Sveavägen 44
SE-118 85 Stockholm

Corporate headquarters
Swedish Match

Swedish Match AB
SE-118 85 Stockholm

Phone +46 10 13 93 000
Corporate reg no. 556015-0756
contactus@swedishmatch.com

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